Berliner Boersenzeitung - UEFA on verge of 40% leap in European club TV revenues

EUR -
AED 3.981373
AFN 71.580898
ALL 98.817876
AMD 421.117102
ANG 1.959932
AOA 988.032315
ARS 1063.058201
AUD 1.615156
AWG 1.953844
AZN 1.846955
BAM 1.957811
BBD 2.195775
BDT 129.96352
BGN 1.957093
BHD 0.408581
BIF 3157.156182
BMD 1.083964
BND 1.427927
BOB 7.514443
BRL 6.128302
BSD 1.087477
BTN 91.424753
BWP 14.558352
BYN 3.558324
BYR 21245.687133
BZD 2.192071
CAD 1.495051
CDF 3083.876451
CHF 0.93861
CLF 0.037179
CLP 1025.874185
CNY 7.71555
CNH 7.725089
COP 4609.826324
CRC 559.45412
CUC 1.083964
CUP 28.725036
CVE 110.375341
CZK 25.23836
DJF 193.651806
DKK 7.458859
DOP 65.424801
DZD 145.108028
EGP 52.703176
ERN 16.259454
ETB 131.1506
FJD 2.446942
FKP 0.829415
GBP 0.832273
GEL 2.948138
GGP 0.829415
GHS 17.400234
GIP 0.829415
GMD 75.327894
GNF 9381.291852
GTQ 8.408328
GYD 227.395227
HKD 8.423319
HNL 27.074817
HRK 7.467458
HTG 143.171807
HUF 400.088839
IDR 16762.521959
ILS 4.049401
IMP 0.829415
INR 91.11912
IQD 1424.624185
IRR 45637.581533
ISK 149.207827
JEP 0.829415
JMD 172.590945
JOD 0.76842
JPY 162.526251
KES 139.831504
KGS 92.679273
KHR 4415.373278
KMF 493.040325
KPW 975.567022
KRW 1484.444899
KWD 0.332289
KYD 0.906298
KZT 530.28523
LAK 23852.625217
LBP 97384.206552
LKR 318.475439
LRD 209.336375
LSL 19.169787
LTL 3.200663
LVL 0.655679
LYD 5.227177
MAD 10.74194
MDL 19.297113
MGA 4974.904527
MKD 61.537128
MMK 3520.671585
MNT 3683.308442
MOP 8.708206
MRU 43.04144
MUR 50.285278
MVR 16.649795
MWK 1885.658983
MXN 21.464976
MYR 4.668092
MZN 69.270737
NAD 19.169787
NGN 1775.17491
NIO 40.019638
NOK 11.82008
NPR 146.279885
NZD 1.786882
OMR 0.417318
PAB 1.087477
PEN 4.09761
PGK 4.282241
PHP 62.475867
PKR 302.103229
PLN 4.308745
PYG 8543.46201
QAR 3.965027
RON 4.974418
RSD 117.025984
RUB 105.577553
RWF 1481.066947
SAR 4.071359
SBD 9.041193
SCR 14.763484
SDG 652.004653
SEK 11.417817
SGD 1.423462
SHP 0.829415
SLE 24.51914
SLL 22730.171856
SOS 621.51559
SRD 35.494931
STD 22435.858611
SVC 9.515513
SYP 2723.491428
SZL 19.268996
THB 35.922014
TJS 11.576473
TMT 3.793873
TND 3.363632
TOP 2.538746
TRY 37.062131
TTD 7.383313
TWD 34.821275
TZS 2953.801258
UAH 44.835101
UGX 3994.956869
USD 1.083964
UYU 45.354923
UZS 13922.918624
VEF 3926715.192322
VES 42.367364
VND 27380.921274
VUV 128.690372
WST 3.036382
XAF 656.604316
XAG 0.033864
XAU 0.0004
XCD 2.929466
XDR 0.812701
XOF 656.607347
XPF 119.331742
YER 271.397395
ZAR 19.103938
ZMK 9756.97178
ZMW 28.954679
ZWL 349.035846
  • CMSD

    -0.1300

    25.02

    -0.52%

  • SCS

    0.0700

    13.21

    +0.53%

  • AZN

    -0.2900

    78.02

    -0.37%

  • CMSC

    -0.1300

    24.79

    -0.52%

  • GSK

    -0.2500

    38.96

    -0.64%

  • NGG

    -0.9500

    67.19

    -1.41%

  • BP

    0.3900

    31.32

    +1.25%

  • BTI

    -0.4300

    35.37

    -1.22%

  • RIO

    -0.8600

    65.09

    -1.32%

  • BCC

    -4.8000

    142.2

    -3.38%

  • BCE

    0.0100

    33.49

    +0.03%

  • RBGPF

    0.4200

    60.92

    +0.69%

  • RELX

    0.4400

    48.59

    +0.91%

  • JRI

    -0.0200

    13.15

    -0.15%

  • RYCEF

    0.0500

    7.4

    +0.68%

  • VOD

    -0.1200

    9.73

    -1.23%

UEFA on verge of 40% leap in European club TV revenues
UEFA on verge of 40% leap in European club TV revenues

UEFA on verge of 40% leap in European club TV revenues

Television rights of European club competitions will jump more than 40 per cent from 2024, two sources with knowledge of the negotiations said Friday, a rise linked to the expansion of UEFA's flagship Champions League.

Text size:

The sources said that global deals had been agreed worth 15 billion euros (17.10 billion dollars, 12.57 billion pounds) for the three seasons to 2027, or 5 billion euros a season. The total for this season is expected to be 3.6 billion and for the last pre-pandemic season, 2018-19, was 3.2 billion.

The increase will strengthen UEFA's campaign to discourage any re-emergence of plans for a breakaway super league on the lines of the short-lived rebellion by 12 clubs in April 2021.

Three of those clubs, Real Madrid, Barcelona and Juventus, are continuing to fight for a super league in the courts.

According to a UEFA statement released on Monday, the success of the bidding process proved that the new Champions League format, which is to expand the competition from 32 to 36 clubs in 2024 and use the 'Swiss model' to offer more group match days (10 compared to the current six), "holds significant commercial potential."

Under the Swiss model, the 36 teams compete in one huge group. After 10 rounds, against opponents drawn before the start, the top 16 will advance to the first knockout round. One result is the total number of Champions League games in a season will increase from 125 to 225.

The plan has also drawn criticism because at least two of the extra four clubs will qualify on the basis of past performance.

"We are delighted that our tender has attracted so much interest," UEFA president Aleksander Ceferin said in the statement, adding that the agreements "can generate more revenue for Europe's clubs, especially at this crucial time when there is a need for financial stability."

- 'Untapped sources of revenue' -

UEFA used existing intermediary TEAM Marketing and added another, Relevent Sports, for the negotiations.

UEFA also gave a greater role to the European Club Association (ECA), which represents leading clubs across the continent.

Ceferin thanked ECA, which is led by Nasser Al-Khelaifi, president of Paris Saint-Germain for its "valuable collaboration", a sign of UEFA's desire to include more clubs in the management of European soccer.

"Nasser had a driving role, he worked with Ceferin as the boss of the ECA," a source close to the negotiations told AFP.

The Qatari, who is also the head of media giant beIN which broadcasts the Champions League in France, some Asian countries, the Middle East and North Africa, wrote to the 230 ECA member clubs on Tuesday in a letter, which AFP has obtained.

"We have been able to achieve a level of commercial success never seen before for European club competitions. And beyond that, there are other untapped sources of revenue that we are actively studying," wrote Al-Khelaifi.

In addition to the lucrative Champions League, UEFA runs the Europa League and the Europa Conference League as well as the European Supercup, and the Youth League for club under-19 teams.

(O.Joost--BBZ)